Demographics & Culture
Investment insights from Capital Group
Courage/Fear Investor Ratio
Source: The Leuthold Group. As of 30/6/21. The Courage/Fear Investor Ratio is developed by The Leuthold Group and shows the relative return of a "Courage Portfolio" over a "Fear Portfolio." The Courage Portfolio averages returns of the Russell 2000 Small Cap Index, MSCI Emerging Markets Index, CRB Raw Industrials Index and S&P 500 cyclical sectors. The Fear Portfolio averages returns for the U.S. Dollar Index, gold prices, S&P 500 Low Volatility Index and 10-year Treasury.
MSCI All Country World Index
Sources: MSCI, RIMES. As of 30/6/21. Data is indexed to 100 on 1/1/87, based on MSCI World Index from 1/1/87-31/12/87, MSCI ACWI gross returns from 1/1/88-31/12/00, and MSCI ACWI net returns thereafter. Shown on a logarithmic scale.
Sources: MSCI, Refinitiv Datastream, Standard & Poor's. As of 30/6/21.
Source: Refinitiv Datastream. As of 30/6/21.
Past results are not a guarantee of future results. The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment. This information is not intended to provide investment, tax or other advice, or to be a solicitation to buy or sell any securities.
Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. All information is as at the date indicated unless otherwise stated. Some information may have been obtained from third parties, and as such the reliability of that information is not guaranteed.